No matter how many economic cheerleaders were predicting a so-called soft landing — slowing inflation, reasonable GDB growth, no spike in unemployment, and zero recession — JPMorgan chief executive Jamie Dimon has been dubious. And he continues to be.
In an interview with Bloomberg, Dimon reiterated his concern over such potential inflationary pressures as spending on the green economy, ongoing rising government deficit spending, military spending, and trade disputes.
"There are a lot of inflationary forces in front of us," he said. "The underlying inflation may not go away the way people expect it to."
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